Climate finance
Funds lacking to help poor tackle climate impacts, says World Bank
NEWS: Not enough cash is flowing to boost resilience in the face of sea level rise and weather extremes, development banks warn
A global carbon market could be a silver bullet for climate change
COMMENT: Making the polluter pay would spur “dash to renewables” hauling the developing world out of fossil fuel-dictated poverty
Double counting forest emissions threatens UN climate pact
COMMENT: To have a chance of limiting warming to below 2 degrees, emissions balance sheets submitted to the UN must add up
Norway to ditch $8 billion of coal assets in state pension fund
NEWS: Green groups greet move by Parliament to authorise sale of coal holdings, the largest fossil fuel divestment in history
Account for climate risk or lose billions, investors warned
NEWS: Fund managers told to take a prudent view of risk and use better long term models to account for changing climate
Former Shell chair speaks of distress at climate policy inertia
NEWS: Mark Moody Stuart says dangers were evident decades ago, offers backing to divestment and carbon pricing
Private finance central to hitting $100bn climate goal, says study
NEWS: New analysis from World Resources Institute highlights challenge facing developed countries in meeting funding target
Kevin Rudd – forget the UN, G20 must lead on climate change
NEWS: “High time” for group of top emitters to broker climate agreement outside of United Nations, ex-Australia leader says
China’s national carbon market: When, where and how?
ANALYSIS: Traders are banking on Beijing’s plans for a national carbon market being a success, but challenges in its design remain
Fossil fuel companies “underestimating” divestment movement
NEWS: Top polluters are failing to appreciate scale of “rapid” campaigns around world and size of investors involved
Green skies for aviation industry behind schedule
NEWS: Deadline to set up offset mechanism at UN’s aviation body meet in 2016 will be missed, delaying action on climate
Ignoring carbon risk is ‘gross negligence’ – pensions chief
NEWS: Money managers will face lawsuits if they fail to confront climate impact of fossil fuel holdings, warns ERAFP boss Philippe Desfosses
NGOs cry ‘greenwash’ over Paris climate talk sponsors
NEWS: Companies including Air France, Renault-Nissan and Suez Environnement will foot 20% of €187,000 bill for critical summit
World Bank sets methane price floor to cut emissions
NEWS: Initiative aims to drive investment in bioenergy and waste management in poor countries, limiting potent greenhouse gas emissions
Norway $900bn oil fund set to ditch coal shares
NEWS: Coal-heavy power utilities and mining companies are in the firing line as lawmakers endorse biggest fossil divestment push to date
Carbon pricing winning favour with tiger economies
NEWS: As China readies nationwide carbon trading market, the likes of South Africa and Kazakhstan are developing carbon pricing
Can carbon pricing be a climate saviour?
ANALYSIS: Businesses and top officials in Barcelona for the Carbon Expo support moves to make polluters pay, but don’t expect miracles
Investors worth $12trn call for long term carbon target
NEWS: Chiefs of 120 funds urge G7 finance ministers to back emissions phase-out in Paris climate deal due this December
Sense of ‘inevitability’ over carbon pricing – World Bank climate envoy
NEWS: Greenhouse gas taxes and markets worth some US$50 billion worldwide, says report, with interest growing ahead of Paris climate pact
Millions of businesses call for zero carbon shift
NEWS: More than 6.5 companies back call on policymakers to set a path to go carbon neutral “well before the end of the century”